Six pre-authorized withdrawals and/or transfers per month at no charge2

Six withdrawals and/or transfers per quarter at no charge2

Six withdrawals and/or transfers per quarter at no charge3

Transactions must be for qualified medical expenses

Transactions are tax exempt if used for qualified educational expenses

Minimum Opening Deposit

$2,500

$100

$1

$100

$100

Minimum Daily Balance to Avoid Fees

$2,500

$100

None

None

None

Fee If Minimum is Not Met

$10 per month

$5 per quarter

None

None

None

Deposits

Unlimited deposits

Unlimited deposits

Unlimited deposits

Unlimited deposits

Up to $2,000 annually

Special Features

Checks and a check card

A low opening deposit makes it easy to get started

PlainsCapital will make a $5 deposit on your child's birthday – every year – until they turn 18

Provides tax advantages when money is used for qualified medical expenses4

Provides tax advantages when money is used for qualified education expenses4

Free Bill Pay

No

No

No

No

No

Free Online Banking

Yes

Yes

Yes

Yes

Yes

Mobile Banking

Yes

Yes

Yes

Yes

Yes

Debit Card

Yes

Yes

Available for parent or guardian over age 18

Yes5

No

Voice Banking

Yes

Yes

Yes

Yes

Yes

Check Images with Statements

Yes

N/A

N/A

Yes

N/A

Free Box of Checks

First box of standard bank checks

N/A

N/A

One box of HSA-branded checks per year

N/A

Direct Deposit

Yes

Yes

Yes

Yes

Yes

Online Statements

Yes

Yes

Yes

Yes

Yes

1If HSA money is used for anything other than a qualified medical expense, the money used is taxable and will also be penalized an additional 10 percent. 2Under federal regulations, six pre-authorized withdrawals and/or transfers are allowed per month, no more than three of which may be by check, point-of-sale, or ACH. Thereafter, a charge of $10 per transaction will apply. 3Six withdrawals and/or transfers are allowed per quarter. Thereafter, a charge of $3 per transaction will apply. Federal regulations limit the number of transactions you can make on certain saving products to six per month. However, withdrawals and transfers made at an ATM and withdrawals made in person at a branch are not subject to the federal limit.4Consult your tax adviser. 5HSA Check Card transactions will not be authorized in restaurants, bars, hotels, or gambling venues. In addition, the card cannot be used at the ATM. Cash withdrawals can be completed at any PlainsCapital Bank location. 6Once the account owner turns 18, the account will be converted to a Personal Savings Account.